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Industrial robots have boosted productivity and growth, but their effect on jobs remains an open question

Graetz, Georg and Michaels, Guy (2015) Industrial robots have boosted productivity and growth, but their effect on jobs remains an open question. LSE European Politics and Policy (EUROPP) Blog (05 Aug 2015). Website.

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Abstract

Robots and automated processes have become a feature of many modern workplaces, but what impact do such innovations have on productivity and jobs? Using a new dataset, Georg Graetz and Guy Michaels present an analysis of the economic effects of robots since the early 1990s, noting that they have made a substantial contribution to productivity and aggregate growth. They also write that while fears of robots destroying jobs on a large scale have proven unfounded, there is evidence that they may reduce the employment of low and middle-skilled workers.

Item Type: Online resource (Website)
Official URL: http://blogs.lse.ac.uk/europpblog/
Additional Information: © 2015 The Author(s); Online
Divisions: LSE
Subjects: H Social Sciences > HB Economic Theory
J Political Science > JN Political institutions (Europe)
T Technology > T Technology (General)
T Technology > TA Engineering (General). Civil engineering (General)
Date Deposited: 28 Mar 2017 09:46
Last Modified: 09 Jun 2020 23:22
URI: http://eprints.lse.ac.uk/id/eprint/71064

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